STR Smokey Mountains Financing

[Ashton Blakely McCombs]

Hi,

My wife and I are looking to purchase an investment property in the Smokey Mountains. Most financing options for investment properties require a 20% down payment, however, I have seen people purchase investment properties for as low as 15% down. What type of loans require 15%? I'm trying to determine what my price range is. I have about 70k to use as a down payment.